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The Quiet Crisis in Eurozone Construction Output
Episode 99 of The European Economy Podcast digs into a surprising weak spot in the Eurozone recovery: construction output. Despite rising home prices and ECB rate cuts, building activity has stalled across the bloc. Lucas and Luna explore why — from labor shortages to the collapse of commercial real estate development — and what it means for the broader economy. They reference real data, including the recent Eurostat construction production index for May 2026, which showed a 0.8% monthly decline in the Eurozone, and discuss how Germany and France are faring differently. Tune in for a focused…
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